President Droupadi Murmu has approved the registration of an FIR against AAP leaders Manish Sisodia and Satyendar Jain in an alleged scam of Rs 2,000 crore in the construction of classrooms in Delhi government schools. The alleged scam involves the construction of around 12,748 classrooms at an inflated cost, according to a report by the Anti-Corruption Bureau (ACB) of the Delhi government. The ACB report alleged that the classrooms were constructed at a rate of Rs 8,800 per square feet, whereas the average construction cost was around Rs 1,500 per square feet. The President's approval came under Section 17A of the Prevention of Corruption Act.
At least 18 people including 14 foreigners were killed in a bloody Taliban-claimed attack.
After a Delhi court discharged Shashi Tharoor in a case related to his wife Sunanda Pushkar's death, the senior Congress leader on Wednesday said his faith in the Indian judiciary stands vindicated and the ruling brings a "significant conclusion to the long nightmare" which had enveloped him.
'When we finally immersed ourselves in the sacred waters, remembering Ganga Maa and Lord Mahadev, we felt a profound sense of accomplishment,' says Satish V.
Their flight landed at the Mumbai airport around 8 pm nearly 50 minutes after it took off from Dabolim airport in Goa.
It is said money doesn't buy happiness, and the show proves it -- there is romance, heartbreak, affairs and murder. A place that should be heavenly quickly turns into a hell of misery, observes Deepa Gahlot.
Hotel companies, which have experienced substantial share price gains in the past six months, are not only expected to post robust revenue growth in the seasonally weak July-September quarter (second quarter, or Q2) of 2023-24 (FY24), with the trend continuing in the second half (H2) of FY24, but according to some analysts, they will also benefit from a structural uptrend in progress. To begin with, larger players in the listed hotel sector are expected to report strong growth in Q2 compared to the year-ago quarter. Led by higher demand from the business segment, the sector is expected to achieve a growth rate of 15-30 per cent.
The Delhi police on Thursday approached the high court challenging a trial court's 2021 order discharging Congress leader Shashi Tharoor in connection with his wife Sunanda Pushkar's death case.
From free salons to discounted room rates, hotels are offering it all.
The rise of domestic leisure travel, helped by rising income levels, is helping the industry offset the sluggishness in business from foreign visitors
Tharoor was charged under sections 498A and 306 of the Indian Penal Code by Delhi police, but was not arrested in the case.
Only 10,059 tourists have visited the state this month compared to around 90,000 in July
In the longer-term, analysts expect IHCL to see revenue CAGR of 15 per cent between FY23 to FY25 and Ebitda CAGR of 20 per cent in the same period. Analysts are seeing targets of around Rs 375-Rs 380 for the stock, which is a significant upside from the current Rs 313.
The firm, which owns, operates and manages hotels, palaces and resorts, is likely to hive-off the two properties into separate entities.
Hoteliers are tweaking their pricing strategies to adjust to the new stickiness in the market.
Taking a dig at the Congress, the Bharatiya Janata Party accusing the Rajasthan ruling party legislators of violating social distancing norms and other COVID-19 protocols which the government directs people to follow strictly but are violated when it comes to its MLAs.
Hospitality players want the government to accord infrastructure status to hotels to make investments on new properties more attractive rather than categorising them as luxury or even 'sin goods' in the upcoming Union Budget considering the sector's potential to play a key role in India's growth. They also want the government to consider incentives in the form of tax breaks or subsidies for adopting sustainable and eco-friendly practices, while asserting that the upcoming budget must accelerate the tourism agenda saying it is an opportunity to make Indian hospitality the emerging engine for GDP growth and employment generation.
With demand drying up, hotels are surviving on quarantine centres and isolation facilities.
Pak PM Imran Khan said the terror strike was an effort to 'sabotage' the country's economic projects
As several premium hotels such as ITC, Taj and Oberoi reopen after the lockdown in cities such as Bengaluru, Kolkata and Hyderabad, many changes have been made for the safety of guests and staff including temporary closure of spas, bars, gyms, and swimming pools.
It said no payment has so far been made towards rental charges for the Lokpal office at 'The Ashok' hotel.
Sanjiv Puri, chairman and managing director of ITC, is looking to expand the conglomerate's play outside India by taking "strategic positions" in markets close to home in the non-cigarette fast-moving consumer goods (FMCG) and hospitality businesses. In a recent conversation with Business Standard, Puri revealed that ITC is setting sights beyond India's borders. "We already export to 100-odd countries. We want to scale that up and take some strategic positions in markets close to us," he said.
Dreaded Islamic State terror group has purportedly opened its own 5-star hotel complete with 262 rooms, restaurants, ballrooms and gym in Iraq's Mosul city for its Jihadist commanders, according to a media report.
A video of MLA Dilip Lande entering the luxury hotel in Guwahati, where the party rebels have been camping for the past few days, was shared by Shinde's office in Mumbai on Friday.
Setting aside a single judge order permitting bars in four-star and heritage hotels, the Kerala high court on Tuesday upheld the state government's liquor policy for 2014-15 confining bar licences only to five star hotels.
Cash registers are ringing more frequently at hotels and resorts with the return of the big fat Indian wedding after a two-year hiatus. This comes even as the small and intimate ceremonies - which became popular during the pandemic - are also set to keep those employed in the hospitality sector on their toes. As many as 2.5 million marriages are expected to get solemnised during the wedding season that gets underway from next week and stretches on till April, according to industry estimates.
The days when clean sheets and a well-stocked minibar were enough to ensure a satisfied customer are long gone, says Frederick Sabty.
Most of the hotels in the country, including the Indian ones that traditionally owned assets, have embarked upon an asset light model for a faster growth and quicker returns. Lemon Tree is likely to announce a deal with Keys Hotels in the next two weeks.
Rupee's weakness swells import bills of luxury hotel chains & restaurants, forces them to look for domestic alternatives.
United States President Barack Obama's two-day stay in Delhi will be a boon for New Delhi's luxury hotels, depending on who bears his contingent's bills.
Police investigating Sunanda Pushkar's death mysterious death on Friday night questioned a number of hotel staff and checked the CCTV footage of the lobby of the third floor of the luxury hotel where she was staying.
Swinging back into profit for the third-quarter with net earnings of about $18 million, luxury hotel chain operator Orient Express on Friday said it is consulting financial and legal advisors on the Tata group's takeover bid and will reply to the offer in due course of time.
The blasts -- one of the deadliest attacks in the country's history -- targeted St Anthony's Church in Colombo, St Sebastian's Church in the western coastal town of Negombo and Zion Church in the eastern town of Batticaloa around 8.45 am (local time) as the Easter Sunday mass were in progress.
Ratan was extremely ethical in his dealings, which he brought to bear on the business house which he helmed, remembers Sailesh Kottary.
The 230-year-old Alila Fort in Bishangarh is now a hotel.
Roy was jailed in March after he failed to appear at a contempt hearing in the long-running dispute with the capital markets watchdog.
The 11th edition of the Mercedes-Benz Classic Car Rally in Mumbai on Sunday featured headturners that left the audience gasping in awe. Rajesh Alva/Rediff.com presents a ringside view.
The new visa-free regime allows travellers to stay for up to 60 days instead of only 15 earlier.
Nationalist Congress Party president Sharad Pawar on Monday said there was no confusion within the opposition Maha Vikas Aghadi (MVA) alliance over his meeting with nephew and Maharashtra Deputy Chief Minister Ajit Pawar in Pune.
On Monday, a new chapter will be written in Ayodhya's and the country's history with the consecration ceremony at the newly-built Ram temple which will be attended by Prime Minister Narendra Modi and over 7,000 guests.
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